MasterSoft ERP Solutions Private Limited

What MasterSoft ERP Solutions Private Limited does

MasterSoft ERP Solutions Private Limited is an India-based education technology company founded in 1997 by Sham Somani, providing cloud-based Enterprise Resource Planning (ERP) software to educational institutions including schools, colleges, universities, and educational trusts. The company serves 1,100+ institutes with 1.5M+ active students on the platform, positioning itself as the self-described largest and oldest education ERP provider in India with 24+ years of domain experience.

The product portfolio is built on a platform-plus-modules architecture, with the flagship Education ERP Campus Software serving as the core platform. Key modules include CSMS (Centralized School Management System) for K-12 schools, CCMS for colleges, UAIMS for universities, plus specialized offerings for Online Assessment with AI proctoring, Accreditation Data Management (ADMS) for NAAC/NBA compliance, Outcome-Based Education (OBE), Choice Based Credit System (CBCS), Learning Management System (LMS) integrated with Microsoft Teams, Biometric/RFID attendance, Library Management with OPAC, and the Atcovation mobile application. The platform integrates with Microsoft technologies (Teams, O365, Power BI) through the Microsoft Aspire School Program (MASP) partnership established in January 2019.

The business model is primarily subscription-based SaaS with annual billing, quote-based pricing depending on institution size and modules selected, complemented by professional implementation, customization, and training services. The M-Initiative program provides free software to government girls schools, specially-abled schools, NGO schools, and small Sainik schools as a social impact and customer acquisition channel. Distribution occurs through direct enterprise field sales across offices in Nagpur (headquarters), Mumbai, and Chennai, supplemented by the Microsoft MASP channel partnership. The company employs 400+ people and is privately held with no disclosed external funding.

Name

MasterSoft ERP Solutions Private Limited

Legal name

MasterSoft ERP Solutions Pvt. Ltd.

Website

https://iitms.co.in

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

11–50 employees

Short description

MasterSoft ERP Solutions provides cloud-based Education ERP software to 1,100+ Indian schools, colleges, universities, and trusts, automating student, faculty, and administration lifecycles with NEP 2020 and NAAC/NBA compliance modules via subscription SaaS.

Ownership category

akta.pro rank

Product category

Education ERP Software

NAICS

Educational Services (611), Professional and Management Development Training (611430)

SIC

Services-Educational Services (8200), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro industry

PRIMARYHDAEAEAI

Education ERP (Student Information, Finance, HR)

Hardware, Technology & Telecom/Enterprise Platforms & Databases/Enterprise Resource Planning (ERP) Platforms

SECONDARYEDAFAEAC

School ERP: Finance, Procurement & Budgeting

Education/Education Technology (EdTech) & Digital Learning/Student Information Systems (SIS), School ERP & Administration Software

SECONDARYEDAFAEAO

Compliance, State Reporting & Education Data Exchange (Ed-Fi/SIF)

Education/Education Technology (EdTech) & Digital Learning/Student Information Systems (SIS), School ERP & Administration Software

SECONDARYEDAFAEAN

Billing, Tuition, Fees & Payments (including Cafeteria/Meal Accounts)

Education/Education Technology (EdTech) & Digital Learning/Student Information Systems (SIS), School ERP & Administration Software

Keywords

• Education ERP software
• School management system
• University administration software
• Online assessment platform
• Campus management solutions

Headquarters

HQ city

Nagpur

HQ country

India

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS/Cloud ERP Subscriptions: MasterSoft generates primary recurring revenue through cloud-based Education ERP software subscriptions sold to educational institutions (schools, colleges, universities, and trusts). The software is sold as an annual subscription with modules covering all aspects of institutional management. Institutions pay subscription fees for access to the cloud platform, with pricing based on institution size and modules selected.
2. Professional Implementation Services: Revenue generated from implementation, customization, and on-boarding services for institutional clients. The company provides onsite and online support, data migration, and training services as part of the implementation engagement.
3. Free Tier / M-Initiative: MasterSoft offers free school management software to specific categories of schools (government girls schools, specially-abled schools, NGO schools, Sainik schools with less than 500 students) under their M-Initiative CSR/social impact program, which may serve as a customer acquisition channel.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

MasterSoft provides a cloud-based Education ERP platform for schools, colleges, universities, and educational trusts that automates student, faculty, and administration lifecycles across admissions, examinations, fees, attendance, payroll, library, hostel, and accreditation (NAAC/NBA) workflows. The offering includes tailored sub-products (CSMS for schools, CCMS for colleges, UAIMS for universities) plus standalone modules like Online Assessment Software with AI proctoring, Online Admission Management System, and Accreditation Data Management System (ADMS), with deep specialization in Indian regulatory frameworks including NEP 2020 compliance.

Product overview

MasterSoft ERP Solutions offers a comprehensive Education ERP platform-plus-modules architecture for schools, colleges, universities, and trusts. The flagship Education ERP Campus Software serves as the core platform, integrating multiple modules including CSMS (Centralized School Management System) for K-12 schools, CCMS for colleges, and UAIMS for universities. The product portfolio encompasses Online Assessment Software with AI proctoring, Online Admission Management System, Student Information System (SIS), Accreditation Data Management System (ADMS), Exam Management, Digital Evaluation System, Fees Management System, Learning Management System (LMS), Biometric & RFID Attendance, Library Management with OPAC, HR Management, Mobile Application (ATCOVATION), Choice Based Credit System, Outcome Based Education, Trust Management System, Health Center Module, Financial Management Software, and Website Design Services. The company also offers specialized ERP variants for School ERP, College ERP, University ERP, and Higher Education ERP, along with the M-Initiative free software program for qualifying institutions. The system is cloud-based with centralized database, supports multi-campus structures, integrates with Microsoft Teams, Power BI, and various payment gateways.

Differentiator

Problem solved

Functional benefit

Brands

• CSMS (Centralized School Management System): Cloud-based campus management software for schools supporting all boards including CBSE, ICSE, State, IB and Cambridge.
• CCMS (Centralized Campus Management System)
• RF-Campus
• UAIMS (University Administration and Information Management System)
• Atcovation
• Feepayr
• FEEPAYR
• Sandesh Portal

Products and services

• Education ERP Campus Software Flagship cloud-based ERP software for schools, colleges, and universities that automates all academic and non-academic operations including student lifecycle, faculty management, and campus administration with a centralized database and MIS reporting.
• School ERP (CSMS - Centralized School Management System) Cloud-based school ERP solution impacting learning outcomes and campus management by automating student, faculty, and administration lifecycles with BI analytics and smart features. Supports all boards (CBSE, ICSE, State, IB, Cambridge).
• College ERP (CCMS - Centralized Campus Management System) College ERP (CCMS) for colleges to digitize work processes and improve operational efficiency by automating student-faculty lifecycle and campus administration.
• University ERP (UAIMS - University Administration and Information Management System) University management software (UAIMS) that helps universities and affiliated colleges streamline processes, analyze data, and track operations from a single system.
• Higher Education ERP Comprehensive ERP solution package for higher education institutions including colleges and universities with modules for e-learning, HRMS, finance, library, hostel, and website management.
• Online Assessment Software Standalone online assessment platform with AI-based proctoring, real-time anti-cheating monitoring, question and answer shuffling, runtime result display, and support for MCQ and descriptive question types. Identifies learning gaps and supports CO-PO analysis.
• Online Admission Management System Software that enables educational institutions to conduct student admission and enrollment procedures online, managing form collection, document submission, candidate shortlisting, merit list generation, and fee payment through a secured payment gateway.
• Accreditation Data Management System (ADMS) Software enabling Higher Education Institutions to manage entire institutional data of past years along with necessary documents and auto-generate precise compliance reports in required formats for NAAC and NBA accreditation processes.
• Technical Institute Management (RF-Campus) Cloud/web-based e-governance ERP for educational campuses managing student, staff, and administration lifecycles with customizable solution for institutional practices. Deployed at premier Indian technical institutes including NITs.
• Digital Evaluation System System for digitizing exam evaluation processes with accurate results calculation and generation of various academic performance reports.
• Fees Management System (FEEPAYR) Online fee collection and payment system supporting multiple payment modes including credit cards, debit cards, net banking and UPI, with direct deposit to institution bank account and e-receipt generation.
• Learning Management System (LMS) E-learning software integrated with Microsoft Teams for online teaching sessions, question banks, e-library creation, e-content management, assignments, homework uploads, and online assessments.
• Biometric & RFID Attendance System Attendance tracking system using biometric identification and RFID technology for real-time student and faculty attendance monitoring with SMS and app notifications to parents.
• Library Management System with OPAC Library automation software for book procurement, accessioning, circulation (issue-return), stock verification, and binding with OPAC for online book search by title, author, subject, ISBN, and keyword.
• HR Management Software Human resource management system for automating payroll processing, salary calculation, leave management, and faculty performance appraisal.
• Mobile Application (Atcovation) School mobile app (Atcovation) enabling administrators and teachers to stay connected with parents and students with bus tracking, reports, attendance, homework, leave application, timetable, events, notices, and chat/broadcast features.
• Student Information System (SIS) Centralized platform for managing student-related activities including admission records, section allotment, roll lists, attendance tracking, identity cards, and board reports with role-based access and multi-campus support.
• Institute ERP Tailored ERP offering for educational institutes, provided as a vertical product within the MasterSoft education ERP portfolio.
• Exam Management / Online Examination System System for conducting offline and online exams, managing pre and post exam activities including question bank management, exam scheduling, invigilation, and result processing.
• Website Design Services Responsive and dynamic website design and development services for educational institutions including SEO, web hosting, domain booking, and site maintenance.
• Health Center Module University health center software for tracking employee and student medical history, OPD management, appointment scheduling, pathology lab management, and medical report generation.
• Financial Management Software Higher education financial accounting system automating management of multiple schemes, cash books, fees, payroll entries, budget management, and generation of financial reports.
• Choice Based Credit System (CBCS) System for managing Choice Based Credit System (CBCS) with complete course allocation, course schedules, and prerequisites management for higher education institutions.
• Outcome Based Education (OBE) Education framework for improving student learning outcomes by setting prior goals and assessing students on parameters including memory and analytical skills, fully compliant with NBA accreditation requirements.

Quantifiable outcome

• 99%+ client satisfaction rating
• +5 more outcomes

Named customers18 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

AI capability5 records

Feature13 records

Partnerships

One partnership is on record.

• MicrosoftcoreTechnology or Integration · 15 January 2019MasterSoft ERP Solutions partnered with Microsoft's Aspire School Program (MASP) on 15 January 2019. MasterSoft's Centralized School Management System (CSMS) was integrated into Microsoft's MASP Suite, offering school automation tools within Microsoft's education ecosystem. The collaboration leverages Microsoft technologies including Microsoft Teams, O365, and Power BI integration within the CSMS platform. Microsoft promotes this as part of their value-based program empowering schools with cutting-edge technology. The partnership provides MasterSoft access to Microsoft's education customer base and channel.

Scale indicators8 records

Recent moves5 records

Expansion highlights6 records

Broad incumbents

• PowerSchool: Largest US-headquartered K-12 SIS/ERP vendor serving tens of thousands of schools globally. While India-focused MasterSoft does not compete head-to-head on geography, PowerSchool defines the functional benchmark and competitive ceiling for MasterSoft's enterprise K-12 platform.
• Microsoft Education (MASP): MasterSoft's own MASP integration partner (announced 2019) but also a potential competitive threat, as Microsoft's Teams/O365 education bundles increasingly embed LMS, analytics, and assignment workflows that overlap with MasterSoft's modules.

Direct peers

• Classe365: All-in-one student information system and education ERP for schools, colleges, and training centers with online admissions, fee management, and LMS. Competes for the same Indian mid-market institutional customers as MasterSoft's CSMS and CCMS.
• Veracross: Integrated school information system for independent K-12 schools with admissions, academics, and development modules. Comparable in being a single-platform SIS+ERP for schools, though serving a different geography (North America focus).
• Fedena (Foradian Technologies): Cloud-based school and college ERP covering admissions, attendance, exams, and fees, with a strong India/South Asia footprint. Directly comparable in product breadth and target customer (schools and colleges), making it the closest head-to-head competitor to MasterSoft.
• SchoolEdu (Inventive Infotech): School ERP and management software serving Indian K-12 institutions with student information, fee, transport, and parent-portal features. Closely comparable to MasterSoft's CSMS offering.
• Camu (Careers360): Indian higher-education SIS and campus management platform used by universities and colleges. Directly competes with MasterSoft's CCMS and UAIMS products in the Indian college and university segment.
• Skolaro: Cloud-based school management software covering admissions, fee collection, transport, and communication for K-12 institutions in India. Directly competes with MasterSoft's CSMS module in the same customer segment.

Emerging players

• Teachmint: Indian EdTech platform offering school LMS, live teaching, and administrative tools, with growing ERP-adjacent functionality. Competes in K-12 institutional sales and pricing where MasterSoft is entrenched.
• OpenEduCat: Open-source education ERP for schools, colleges, and universities with admissions, LMS, and fee management. Provides a lower-cost alternative that pressures MasterSoft's pricing in price-sensitive Indian institutional segments.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/iitmsgroup

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MasterSoft ERP Solutions Private Limited